Beneficiaries of protective tariffs


Question 1: Do you believe the Bush administration was correct in imposing tariffs in March 2002 on a wide range of steel imports?

Question 2: Why are the main beneficiaries of protective tariffs such as those imposed on steel imports? Who are the losers?

Question 3: Does the WTO represent a loss of US national sovereignty? Why do you think the WTO aided with the European Union?

Question 4: If all tariffs on international trade in steel were removed, and subsidies to steel exporters around the workd were banned, who would this benefit? Who would lose from such action?

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